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Canopy Growth Corp T.WEED

Alternate Symbol(s):  CGC | T.WEED.DB

Canopy Growth Corporation is a cannabis and consumer packaged goods (CPG) company. The Company delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space. Its CPG portfolio includes gourmet wellness products by Martha Stewart CBD, and vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution, and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a diverse range of cannabis, hemp, and cannabis products in Canada. Its Rest-of-world cannabis segment includes the production, distribution, and sale of a diverse range of cannabis and hemp products internationally. Its Storz & Bickel segment includes the production, distribution, and sale of vaporizers.


TSX:WEED - Post by User

Post by lou64on Jan 19, 2024 11:00am
125 Views
Post# 35835866

Technically

Technically

There is absolutely " NO " supporting news or financial stability....

Therefore management has set the floor price of this companies core set share price after setting their target price of 4.29 !!

So there is absolutely NO REASONING about the shares trading any higher then the set 4.29 threshold !!

With the rush by the company before earnings should sound alarm bell to the market that trigger an indicator of this stock will drop after earnings 

SO WHY ????????? 
WOULD ANYONE IN THEIR RIGHT MIND BUY ANYTHING NORTH OF 4.29 ?

" STUPIDITY ? "

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